Policy & Standards EU Carbon Removal Certification Framework: Provisional deal leaves many gaps The framework provides more clarity on how to generate credits from carbon farming but lacks greenwashing safeguards. Melodie Michel 20 February 2024
Policy & Standards CSDDD: What would a failed EU due diligence legislation mean for businesses? Observers are increasingly doubtful that the EU’s flagship supply chain due diligence legislation will make it past the finish line before EU Parliament elections this June. Melodie Michel 19 February 2024
Operations & Finance US$2 trillion a year needed to meet 2030 renewable energy goal The world is on track to invest US$6.6 trillion in renewables and grids from 2024 to 2030, leaving a funding gap of just over US$5 trillion. Melodie Michel 13 February 2024
Policy & Standards Chinese stock exchanges eye mandatory climate disclosures for listed companies The current draft mandates annual Scope 1 and 2 emissions reporting, as well as comprehensive climate adaptation assessments and governance disclosures. Melodie Michel 12 February 2024
Policy & Standards EU postpones due diligence directive vote amid wavering support The European Council decided to wait after realising the bill would likely not get the qualified majority needed to pass. Melodie Michel 12 February 2024
Policy & Standards CSDDD: EU due diligence law’s fate hangs in the balance as Council heads for vote The law appeared headed for easy approval, but conservative debates in Germany and Finland have since cast doubt on its future. Melodie Michel 09 February 2024
climate reporting Climate disclosures grow, but quality still lacks: CDP “The stark reality is that we are incredibly far behind where we need to be, and progress is much too slow.” Melodie Michel 08 February 2024
Policy & Standards EU 2040 climate target bets heavily on CCS, backtracks on agriculture The new recommended target is deemed “not quite 1.5°C compatible”. Melodie Michel 07 February 2024
Policy & Standards EU moves to regulate ESG rating firms The European Council and Parliament have reached an agreement on how to regulate ESG rating firms in order to increase transparency and confidence in the sustainable investment ecosystem. Melodie Michel 06 February 2024
Operations & Finance Investors support sustainability criteria and transparent climate reporting ESG backlash in the US appears to go against investor preferences. Melodie Michel 05 February 2024